PRIIPs Regulation Course

The Packaged Retail and Insurance-based Investment Product (PRIIP) Regulation affects retail investors who need to understand the complexities of these products.

The regulation aims to create greater efficiency in EU markets by helping retail investors better understand and compare different PRIIPs. Retail investors are retail clients who do not qualify as professional clients under MiFID.

Our PRIIPs Regulation Course reviews the key points of the PRIIPs Regulation, including the production and delivery of mandatory key information to retail investors.

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PRIIPs Regulation

About this Course

This SCORM-compatible course is part of our FCA Compliance Library.

The library is available in the Skillcast Standard plan for larger companies or Skillcast Basic plan for those with under 50 learners.

Learning Objectives

This course will prepare your employees to:

  • Recognise the key points of the PRIIPs Regulation, including the production and delivery of mandatory key information to retail investors
  • Identify the FCA's approach to implementing the PRIIPs Regulation

Latest Course Updates

  • Course redesigned with a more modern feel
  • Full review conducted by an FCA expert
  • Text & image updates throughout the course

Course outline

Welcome

Introduction: What is a PRIIP?

Background to EU PRIIPs Regulation

- Background to EU PRIIPs regulation
- What do you think?

Scope of PRIIPs Regulation

- What do you think?
- Other retail products that are PRIIPs

Products that are not PRIIPs

UCITS schemes & EEA UCITS schemes

Interaction with other disclosure requirements

PRIIP KID: Function

PRIIP KID: Production & delivery

- What do you think?

PRIIP KID: Required format & content

- KID content requirements
- KID prescribed layout
- Multiple investment options
- Calculating & presenting risk
- Summary Risk Indicator (SRI)
- Template A: Single investment and/or single premium is paid
- Template B: Regular investments and/or premiums are paid
- Disclosed costs

On-going maintenance & review of the KID

Summary

Affirmation

Assessment

Course Specifications

Structure

Structure

Approximately 30-minute long e-learning course followed by a 10-question assessment.

Audience

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.

Tailoring

Tailoring

Fully customisable on Skillcast Portal CMS.

Translation

Translation

Pre-translated versions not available, but all text content can be exported for translation into all languages.

Localisation

Localisation

Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.

FCA Courses Library

Our FCA Course library of over 60 training modules covers everything from high-level and conduct of business standards to thematic topics, including treating customers fairly.

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